International trade

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Monograph

Identifikator:: 1758394757

URN:: urn:nbn:de:zbw-retromon-136209

Document type:: Monograph

Author:: Taussig, Frank William http://d-nb.info/gnd/120199459

Title:: International trade

Place of publication:: New York, NY

Publisher:: Macmillan

Year of publication:: 1927

Scope:: XXI, 425 Seiten; graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Document type:: Monograph

Structure type:: Contents

Collection:: Economics Books

CONTENTS PART 1 THEORY THREE CASES. . CHAPTER 1 PAGES 3-6 Preliminary assumptions. Three kinds of differences in cost: absolute, equal, and comparative differences, 3. CHAPTER 2 Case I — ABsoLuteE DIFFERENCES IN COST . Barter of two commodities under the simplest conditions, 7. The barter terms of trade, 8. Trade conducted with use of money, 11. Domestic supply price, 11. Various possibilities in exchange of two commodities produced with absolute differ- ences in costs, 12. The gain from exchange greater to the country of higher money wages, 14. Absolute differences in cost found mainly in trade between tropical and temperate coun- tries, 17. 218 CHAPTER 3 Case II — EquaL DirFrereNcES IN CosT EL “He 19-22 Commodities produced with equal differences in labor cost will not be exchanged, 19. What the situation is when money is used and domestic supply prices are computed, 20. Money wages adjust themselves to differences in effectiveness of labor, 21. CHAPTER 4 Case IIT — ComparATIVE COSTS . Two forms of comparative advantage in production: superior advantage, inferior disadvantage, 23. How comparative ad- vantages operate under barter; how when trade is conducted with money, 24. Effect of changes in demand on the barter 23-33 > *

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